Multiple Choice
What is the tendency for decision makers to falsely believe that they would have accurately predicted the outcome of an event once that outcome is actually known?
A) the hindsight bias
B) the randomness bias
C) the selective perception bias
D) the sunk costs error
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: _ is the existence of a discrepancy
Q2: A _ is an explicit statement that
Q4: When decision makers tend to think they
Q6: _ is a situation in which a
Q7: Structured problems align well with which type
Q8: The Car (Scenario)<br>Haifa is a student, and
Q9: Nonprogrammed decisions are best described as _.<br>A)
Q10: The sunk cost error is when decision
Q10: If all criteria in the decision are
Q11: Which of the following is important in